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these charging stations up and running. we will deal with that city by city and we will have success. secondly, the utility's charge various fees to set up and provide the electricity. we want to make sure that it is cost recovery and to not be unreasonable. we meet with them if their problem and we react. through the public utilities commission, through local regulation, we react and try to do everything we can to solve problems. if you are talking about deals like if you come to california, we will pay 7000 for any job, we have a little bit of that but it is hard to pay people for their business activities. we do not have enough money. they're doing that all over the state. cutting deals. we are doing that in some respects. it is our race. how does michigan spent so much subsidy attracting -- michigan is not doing that well. you have some money but what about other things to invest in and take care of? we want to make our regulatory climate more transparent. we have a long way to go. we are open and ready to go. there is a lot of people who want to keep the regulation complicated or make it
city facing rising sea levels and the next big storm. >> if sandy were to come close or directly into norfolk i think we'd all be in big trouble. >> brown: we assess the latest diplomatic moves to end syria's war, as secretary of state hillary clinton meets with russia's foreign minister. >> woodruff: and ray suarez has the story of a program that aims to put students at low-achieving schools on a path to high school graduation. >> we're here to make things better. we're here to tutor kids. we're here to make sure that they stay on track. we are here to make sure that they graduate. we want to prepare them for high school. >> brown: that's all ahead on tonight's "newshour." major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for
san francisco safe, solvents, and successful. he reformed city pensions. his focus is on economic development, job creation, and building san francisco's future. a great job, especially for helping out families. we want to keep families here. i also wanted to mention a little bit of his past. he was born in 1952 in the beacon hill neighborhood of seattle, washington. his parents immigrated to the u.s. from china and the 1930's. his father fought in world war ii and worked as a cook. he passed away when the mayor was 15. his mother was a seamstress and a waitress. mayor lee has five siblings, he graduated from college in maine, he also went to uc- berkeley law school and finished in 1978. he and his wife have two daughters. i also want to mention, prior to becoming mayor, one of the key points in his contributions to the community is after he completed law school, he worked as a managing attorney for the san francisco asian law caucus, where he was an advocate for affordable housing and the rights of immigrants and renters. mayor lee -- [applause] >> thank you. welcome to city hall
over at citi, but i would be happy if i were a shareholder. the stock went up on the news. never easy to change your mind. something we're asking of our politicians, they can't do that. but citigroup's management was willing to take the hard medicine for the shareholders. we hear endless negativity about china and europe, but the chinese market last night, it was a gigantic move signifying what might be the beginning of a new growth phase. have you checked european stocks lately? smoke show. hey, even i can get too gloomy. i've been critical of bank of america for its unfathomable top dollar acquisitions, including the ill-timed merrill lynch purchase and the ridiculous countrywide buy. i've chided these guys as being one gigantic law firm with a bank attached. that's how much their earnings have been dependent upon legal obligations. and that's what cuts them. bank of america led the dow today, broke out above $10. a level hasn't been seen in ages as the unsold homes dwindles, i think it probably goes higher. here's the bottom line, listen to me, go ahead, be gloomy, you have every r
there. but first our top story live here at 5:30 a.m. at 30 rock in new york city. and we begin with the latest on the rapidly approaching fiscal cliff deadline of automatic tax hikes on everybody and what appears to be a stalemate in the negotiations. in his first interview since the election, president obama reiterated his demand that any deal must raise taxes on the highest earner. yesterday obama also appeared to showroom for flexibility on actually relowering those tax rates in the future. >> i don't think that the issue right now has to do with sitting in a room. the issue right now that's relevant is the acknowledgement that if we're going to raise revenues that are sufficient to balance with the very tough cuts that we've already made and the further reforms and entitlements that i'm prepared to make, that we're going to have to see the rates on the top 2% go up. and we're not going to be able to get a deal without it. p what i've suggested is let's essentially put a down payment on taxes. let's let tax rates on the upper income folks go up. and then let's set up a proce
. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. neural speeds increasing to 4g lte. brain upgrading to a quad-core processor. predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. >>> welcome back, everyone. we now know what sentinelson mandela to the hospital. he is being treated for a lung infection. mandela, 94 years old. checked into a hospital over the weekend. is he responding to treatment. >>> former imf chief dominique strauss khan, settled a lawsuit filed by a new york city hotel maid accused him of sexual assault. the terms of at agreement not disclosed. but diallo seeking u
the 1906 earthquake, the army assisted greatly in the response to the city's needs. and the public flocked to the open lands at golden gate park and at the presidio, the open areas that they had there. the army provided tents and food for them during that transition period. all of our planning indicates that that probably would happen again if we had a big one. they probably would be coming to the lands that we now manage. so, what is the park services' connection to all of this? we have our centennial of our organization coming up in 2016 in four years, and we feel what we believe are america's best ideas. it's grand canyon, yosemite, but also stewarding america's history and that would include independence hall, gettysburg, mount rush more, and most recently flight 93. my dress uniform and that famous hat is really derived from the world war i uniform from 1916, little changed from that time. the first rangers that patroled our parks before there was a park service were calvary soldiers. the presidio here in san francisco sent buffalo soldiers up to yosemite and sequoia every summer to c
tonight. make sure you go to gretawire.com. good night from new york city. y. here's bill. >> laura: the o'reilly factor is on. tonight: >> a royal family tragedy unfolding overseas as the nurse victimized in the kate middleton radio prank is found dead. an apparent suicide. geraldo investigates. >> when it comes to the fiscal cliff, the white house has wasted another week. >> is the president set on driving us over a fiscal cliff unless the g.o.p. caves or can a deal be made? >> our allies no longer trust us or have confidence in us and our adversaries no longer fear us. the president can make bold statements and bold talk but i don't care they care. >> rioting in egypt. civil war in syria. and radical hamas leader is welcomed in gaza. obama's mid ootion policy is in shambles and former vice president dick cheney says the president's failure puts us all in danger. >> gong ma'am style. >> i love this little chubby south korean guy. >> it's the most downloaded video of all time. >> this is the pony, remember chubby checker. >> gangnam style. >> and bill o'reilly sits down with jay leno. we'
's story. >> reporter: people in the city mark the 40th anniversary of normalizing diplotic ties between japan and china. he remained in the city where he lived for 50 years. a china couple adopted and raised the japanese youngster. as an adult he worked for a railway company and eventually he became station master. >> translator: i couldn't have survived after the war if my foster parents hadn't taken me in and given me such good care. they were so kind. >> reporter: but watanabe never forgot japan. looking at the picture of mount fuji always pulled at his heart strings. before he moved to china he could see it from his house. so pictures of mountains also surge memories of home. finally, he was able to set foot on the land of his birth in 1988, watanabe visited japan with others displaced by the war. he hoped to reunite with his family. but with so little information about his parents, watanabe couldn't find them. even so he chose to return to japan for good. he and his chinese wife decided to live where his guarantor lived. watanabe was 53 at the time. but settling into japan was not
for the year. >> what a great event. i live in phillies and friday nights in the city is filled with people and army thought they had it, but 11 straight. >> clayton: come on, army. let's check in with maria in for rick. >> good morning, everyone, we'll see a big shift in the weather pattern we've seen the last several weeks, very mild across the country and temperatures above average and enjoying basically very mild conditions for late fall and also early december, but a reality check is in store for many of us, out west and across portions of the upper midwest and air from canada is going to dip downward and we're seeing the novell. and current temperatures starting to feel the impact. and 21 right now in denver, 8 degrees in rapid city and 30 over in minneapolis and of course the cool air will continue to expand eastward across the plains and further east as we head into basically next week. and high temperatures only 15 for your high over in rapid city and 32 over in minneapolis and 22 degrees in the city of denver and feeling very cold out here. as i mentioned we have snowfall and a la
warm clothes but some people can't afford them at all. baltimore city public works officials want to help. they're accepting mittens, hats, gloves and scarves. it's taking place today and the municipal building is where it's happening. the clothes will be donated to the needy through the salvation army's franklin square boys and girls club. >>> a 6-year-old san antonio boy has the best gift ever for christmas. >> his dad is back from the persian gulf. keller was surprised by his father when he was at school. they have been separated for the past nine months. the keller family arranged for the school to surprise him two weeks ago. staff sergeant jesse kelly says he's not been told when he's going to be deployed again and looks like just enjoying the moment there. >>> well we want to remind you still collecting toys for the annual 14th year in a row the kinder time toy drive. drop off new unwrapped toys at several locations including wal- mart stores. we're going to be taking donations through december 19th. just head to the website, abc2news.com/toy drive for a full list of all th
by a federal monitor. the city has agreed to surrender some control of the opd. cbs 5 reporter da lin on those who say it will now be harder to fight crime. >> that agreement in my opinion is going to be absolutely worse for the oakland police department to be able to function. >> reporter: oakland mayor jean quan and police chief howard jordan did not want to talk about the partial federal takeover. but councilman ignacio de la fuente says the arrangement creates too many restrictions on police officers to fight crime. >> police got have the ability to use what they learn in order to identify people before they commit crimes. >> reporter: the compliance director would be able to punish and fire the police chief and the command staff. civil rights attorney john burris says that person is basically the chief of the police chief. >> this is a game changer in many ways, and so it should be felt all the way down to the officers on the street. >> reporter: burris insists the compliance director will not direct officers on how to did is -- on how to do their jobs on a daily basis. they would help op
that would form long-term partnerships with cities, rural areas, underserved communities. really political offices. that was a huge cultural change that had not existed. notwithstanding the rhetoric and the noble sounding goals, this trillion dollar down payment on transforming housing finance by showing america new way home, the book that jim johnson wrote was really an effort to do a much more straightforward and monday and objective. stop any unwanted and unwelcome changes to charter eye-catching the regulator, congress, and give copious amounts of affordable housing that would've published a. it all worked until the charter was changed on june 30, 2008, a mere weeks before their collapse. the same time, step two, a national homeownership strategy which brought in the rest of the lenders, and it literally brought everybody in the whole mortgage finance field into the fold. and created a partnership to accomplish financing more affordable and flexible indoor to increase homeownership opportunity. what happened, and you have the charts, anyone into competition with fha, down payments with
one of the best things that could happen to the state of michigan and maybe the city of detroit. if you are a car company and want to do business there because the unions are too strong and thes have to be so high and all of the jumping through hoops. maybe now you can. maybe the next car company will go do business there and bring jobs there. >> gretchen: remember back during the bailout, the unions got the good end of the deal in the bailout. it was privately held dealerships that got the rough deal. >> eric: stock holders and bond holders. >> steve: if you were holding gm stock it went to zero. >> gretchen: unions won in that deal. >> eric: uah w took billions up front. stock holders you know you might lose everything. when you buy a bond you are first in line and they wiped out the bond holders. >> gretchen: and for the state of indiana teachers infact. >> brian: gm bond holders got roll add out. capitalism rules and president obama changed going forward. >> steve: if you are a union member your union will go to bat for you and they went to bat at chrysler. do you remember w
under the gun into daly city. for those of you who take 380 i want to demand for a street few. you can see market street heavy rain you need to use your windshield wipers. as we take it to the peninsula heavy rain around the airport. in fact delays of over an hour. hillsboro, burlingame, and san mateo highway 92 experiencing heavy rain. at the start of the 7:00 hour i told you there was heavy rain and the walnut creek area. if that is certainly the case as we take a look at rain fall rate. it is not to bad about two tenths of an inch per hour. 3 tenths of an inch around pleasant hill. it depends on where you are located. piedmont, highway to the fore, most of oakland. park boulevard, experiencing a rain. you can see sunnyvale cupertino sing pretty heavy rain not as bad as san jose and santa clara. but heavier rain is headed your way in fact as we use our storm track tool to see when the heavy rain is going to impact you. looks like it will hit santa clara around 7:17 a.m.. stand at 7:29 a.m. hit san jose. that is a look for the rain is currently falling around the bay area. drive with
has the report. >> reporter: people in the city of nara mark the 40th anniversary of normalizing diplomatic ties between japan and watanabe moved to china with his parents many years before the normalizati normalization, but at the end of world war ii they became separated so, he remained in the city where he lived for about 50 years. a chinese couple adopted and raised the japanese youngster. as an adult, he worked for a railway company and eventually became station master. >> translator: i couldn't have survived after the war if my foster parents had not taken me in and given me such good care. they were so kind. >> reporter: but watanabe never flew back to japan. looking at a picture of mt. fuji always pulled at his heart strings. before he moved to china, he could see it from his house. so pictures of mountains always stirred memories of home. finally he was able to set foot on the land of his birth. in 1988, watanabe visited japan with orphans displaced by the war. he hoped to reunite with his family. but with so little information about his parents, watanabe couldn't find t
. >> following a up the story a man and woman found bound and gagged on a city street off the man has since died that were found in the bayview district last night around 830. we turn to our solo reporter he is live outside. jackie sissel is outside of general hospital where the woman is in the hospital. jackie was the man pronounced dead last night or the dye cost? >> if he died at a hospital last night about midnight. at seventh set of general this were both victims were brought. there--at san francisco general this is where the victims were brought. around 830 last night on the noun hundred block of brussels in the bayview district--900 block to victims were found a male and female. both were transferred to san francisco general or the male victim believed to be in his 20s was pronounced dead. we are not sure of the woman's condition. they're not releasing any details. the last word we had what she had life-threatening injuries. much more in the way of questions than answers. we talked a spokesperson for the seventh to go police department asking for the public's heahelp. >> any information w
. the president and ceo of citi mortgage joins us next. twins. i dn't see them coming. i have obligations. cute obligation b obligatio. i need to rethink the core of my portfolio. what i really need is eep. introducing the ishares core, budinglos for the heart of your portfolio. find out why 9 out of 10 ilarge professisional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectis, risks, charges and expenses. ad and consider itarefully bere investing. ri includes possible ss of principal. lou: new reports show foreign investment is helping the housing market slowly recover. citimortgage president and ceo sanjiv das joins us here in just moments to discuss that and much more when it comes to housing. in the money line tonight, investors waiting cautiously to see whether washington can work out a deal to avoid the fiscal cliff. stocks rising, well, modestly is a big, strong word for what happened. technology stocks helping the dow up 15 points. the s&p up a fraction, the nasdaq rose nine. trading light. technology stock
look at the state of michigan. it has very high unemployment. the city of detroit is near 19% unemployment. so when you look at those arguments, you look at right-to-work states overall have lower unemployment rates than other states, what do you think about the potentially this being a move for the positive? maybe this is something that opens up the state to more jobs? >> there is no evidence that happens. indeed what has happened productivity has risen in this country. the last decades by 60, 70% but wages have been more or less stagnant. and if workers don't have a voice, they can't better their own condition. you know, we've had a middle class that really in terms of income been stagnant. in 201090% of the income growth went to the top 1%. the top 1% needs to be talking to the 99% and representation gives people a chance to have a voice. and essentially what, it isn't right-to-work. people don't have a join a union. they don't have a pay union dues. if a majority selects a representative, essentially everybody needs to pay the cost of that representative sentation. jenna:
foot high tsunami but no large wave paps tower camera in tokyo captured the entire city shaking there. there are reports of a few injuries but no major damage at this point. a tsunami warning has been lifted. some roads were closed and rail service temporary stopped for safety checks. >>> oakland police swat team surrounded an apartment complex late last night. warrants were being served. we have no other details right now but that swat activity ended about 2:00 this morning. no word of any arrests were made. >>> two san jose restaurants have a lot of cleaning up to do after a fire forced them to evacuate just before closing time last night. ktvu janine de la vega is in san jose to tell us if the restaurants are expected to be open today. >> reporter: firefighters told us they think the restaurants should be able to open but they are unsure just how much water damage is in there from them extinguishing the fire. these restaurants are in a strip mall in the evergreen area just before 9:30 last night. people inside started noticing smoke inside. both restaurants were evacuated and firef
, possible rain shower blowing through the san mateo bridge not bad towards foster city and some of your drive times >>> we are continuing to follow breaking news you first saw here on abc7 news 4:30 this morning. 2-year-old girl in the hospital after a truck crashed into an apartment overnight. terry mcsweeney joins us live. >> reporter: we two a chance to talk to a very shaken father you can understand why when you consider a truck pick-up truck comes plowing through, you can see where i knocked didn't the fence, you can see the cardboard over the window that it went through. when it went through that window it went into the crib of 2-year-old nahla robbins. this happened 3:30 this morning. pick-up truck coming along, doesn't show a lot of signs of breaking, slams through the fence, through the wall knocks nahla on to the floor her father runs in sees his child lying there. this is how he tried to express how he felt. >> shocked right now. if something happened to my kid, i don't know how i would react, sorry man. >> reporter: understandably moved beyond words. as for the person that s
-range rocket. they actually succeeded. we have the details ahead. >> cops in new york city say they have found the get away car linked to the execution-style murder of a man in broad daylight. >> all the details ahead unless breaking news changes everything. on "studio b." first from fox at 3:00 in new york city, a man announced in a crowded food court, i am the shooter. and he proved it. that is from witnesses to last night's mall shooting spree. we get our first look at the gunman, 22-year-old jacob roberts. he stormed through a mall outside portland, picking the victims at random. he had camouflage clothing with a mask on and armed with a semi-automatic rifle like this. he had a vest loaded with ammunition. he was out to kill "as many people as possible." sometime during the spree the gun jammed and in the chaos all played out on police scanners. >> we have an active shooter. >> man has a rifle and is shooting people. >> there are people bailing out like crazy. >>shepard: the cell phone video shows shoppers making their way to safety, hands in the air passing officers with guns drawn. the p
toward really slimming down citi by the new ceo. he has a quote in here saying these actions are logical next steps in citi's transformation and says they're committed to strategy that continues to leverage in the global banking market. if you go through the list of where these jobs are actually coming from, institutional clients group which is investment banking a quarter of the job cuts are going to come from there. my 2013 predictions i said that group would slim down by half. interesting that they are cutting a big chunk of that group. global consumer banking is responsible for 35% of the cuts and then going on through the other business lines like citi holdings, those are responsible for smaller portion of those jobs. citi getting smaller. a billion dollars going to be the pretax charge in the fourth quarter of next year. 11,000 jobs a big move from the new ceo over there. carl? >> all right. thank you very much, kayla. we're reading through the release right now ourselves. big strategic move. >> how many people work at this bank? i feel like they've been firing forever. citi did no
a living. this is what has become of the ancient city. he has lost his home and his job, so every day he sifts through filth and stench so he can feed his children. life is really bad. there is no work and money. that is why i come here to collect and rubbish. this revolution was supposedly about a better future and a better tomorrow, and many residents still cling to that hope, and they believe the ongoing fighting, not just in the city but also in the countryside, is worth the struggle. a petrol now comes from a barrel at the side of the road. three times the price it was before the revolution. people queued for hours in the cold for bread, now 10 times more expensive and in short supply. the bombardment has subsided, but the suffering has not, and the fighting has moved elsewhere. we joined the rebels on an operation, running across open ground to avoid sniper fire. now the fighters are laying siege to an infantry training school. the free syrian army controls most of the land here, and so the 300 government troops inside know they are surrounded. no reinforcements to come. the rebels
to the city council. tomorrow city council members will decide whether to allow patients to grow medical marijuana outdoors are bad at citywide. in 2005 the city banned medical marijuana does the answer is that the organs did not address outdoor cultivation. there next year is out severance is the police will be keeping a close eye on repeat the why of offenders. as part of a private pilot program to ensure safety on the roadways. the program is a partnership between the police the dmv and the california office of traffic safety. >> the meeting that williams has been arrested on and getting them on a felony warrant related to a police chase. police say williams was driving a 3 wheel motorcycle where she is the pullover after being spotted driving on a downtown sacramento sidewalk last month. police say williams nearly had five people with a motorcycle. >> we have a great day on tap for later on today. the weekend will be just like that. we will be right back. you won't take my life. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child tr
store in new york city. let's check in with the chairman and ceo of sacks. the stores have good values. welcome back to "mad money." you said people shop the sacks depending on how they feel about their net worth. that is what is looming out there. in terms of an over hang in the market. >> the whole 1% that changed the tax code. nearly as important as what they feel like in terms of their psyche. >> absolutely. i think that one of the rates goes up and how does it react to getting some form of an agreement. i think that our customer can adapt to an agreement. >> let's talk about hurricane sandy. you were very, you know, wow, it was tough to talk about hurricane sandy. terrible loss of life. right after this, deutsche bank met with you and said despite sandy, things are pretty good. well look, i think there is the over hang in the environment. sandy was a punch to the stomach. people weren't shopping online because there was no electricity. at the time of the conference call we saw an uptick in the business. we said that the impact of the storm was going to take us to a performance. an
created less than 500 jobs. not so good. >>> solar city is postponing its ipo the solar installer was supposed to price yesterday and make its public debut today. details for the delay have not been closed. solar city was seeking to raise $151 million. >>> the fed cracking up the stimulus, cranking up the stimulus knob to full blast. it is dropping $45 billion a more a month on u.s. treasurys. inflation and ballooning balance sheets be damned! i can't keep track anymore of all the it tried to jolt the economy into recovery with very little to show for it i might add. is it time to call in the fed busters to stop ben bernanke from messing with our economy? i like that. joining me nariman bear verb, ihs chief economist and steve moore from the "wall street journal" steve, seems like you are the guy that likes our ghost buster, fed buster guy. >> i was shocked by the decision. is this qe inifiti we're on right now? melissa: i don't know. >> we've had such a huge deluge of liquidity into the market. and the fed, a lot of people know this that the fed already owns about a trillion doll
. for the lowest. and if it findone, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all youeed is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. ♪ ♪ [ male announcer ] while you're getting ready for the holidays, we're getting ready for you. tis the season. for food, for family, and now, something extra -- for you. >> very disturbing story developing tonight involving the royal family and radio show hoax that took a terrible turn. the nurse duped into transferring a prank phone call has been found dead an apparent suicide. her body was found just yards away from the hospital where she worked. two days ago she received this call from australian radio pranksters pretending to be the queen. >> laura: joining me from new york is fox news host geraldo rivera who himself is a radio star. okay, geraldo. this is so heart-breaking and so sad. this thing that is so -- brings such great news to britain's new baby coming for the prince and princess and now this. where does this
about the fiscal cliff in china? why is beijing so concerned? >>> and it's the most livable city on earth. we'll show you why in today's list of number ones coming right up. >>> but now let's go to number two on our first five web stories. rumors are swirling in washington that former president bill clinton could wind up as the next u.s. ambassador to ireland when the globe-trotting clinton made his third trip to the emerald isle in november he joked he could run for president of ireland if only he had a home there. eat good fats. avoid bad. don't go over 2000... 1200 calories a day. carbs are bad. carbs are good. the story keeps changing. so i'm not listening... to anyone but myself. i know better nutrition when i see it: great grains. great grains cereal starts whole and stays whole. see the seam? more processed flakes look nothing like natural grains. you can't argue with nutrition you can see. great grains. search great grains and see for yourself. for multi grain flakes that are an excellent source of fiber try great grains banana nut crunch and cranberry almond crunch. a re
, willie. >> look at this! >> neighbor american cities. >> look at this, morsy, right here, his people are now beating up -- i thought he was a great hope. is that the story? >> no. major american cities are seeing their first success in stemming the growing weight of obesity -- rate of obesity, philadelphia, new york and los angeles and other communities across the u.s. are finding modest success rates in this. the number of reported obese children was down 5.5% over the last five years in new york city schools, mayor bloomberg, researchers are not sure what's behind the decline. there's a growing awareness in this city, thanks to the mayor -- >> this mayor -- >> i think he's fantastic. >> he's a killjoy. >> what part of your joy has he killed? >> really? you can't smoke and eat disgusting food. >> what can't you do anymore? >> you want children across the city even in poor neighborhoods to have access to equally hea h healthy food as the wealthiest children in the world who live here. i'm story. i'm sorry. that that's terrible. he should stop that right now. >> i'm talking about smo
. >> there's $750 billion of waste in health care annually. bruce brussard recently spoke to the city club of cleveland about health care, insurance, and medicare. this is an hour. >> good afternoon, welcome to the city club of cleveland. i'm president of the city club's burped of directors. i'm delighted to introduce to you the president and effective january 1, ceo, of humana inc, a phenomenonture 100 health care and health insurance provider and administrator serving over 11 million customers in the united states. over the recent election, at the center of the policy debate with implications beyond the health care industry impacting the largest fiscal pom aand larger concerns. fortunate to have with us him here to share insights on the industry and the developing policy. prior to joining humana in 2011, he was an executive, and before that, u.s. oncology, large producers and providers of health care products to to major health care institutions. with that background, he brings to the podium today a broad perspective on health care issues facing the country. he holds the undergraduate de
of the fiscal cliff fiasco. tonight, a read of the regionals from the ceo of citi national bank. find out if you should be making a deposit. all coming up on "mad money." >>> don't miss a second of "mad money." follow@jimcramer on twitter. have a question, tweet cramer, #madtweets. give us a call at 1-800-743-thchlt. >> announcer:. miss something? head to "mad money".cnbc.com. >>> with the fiscal cliff looming less than a month away you might think certainly sectors would be getting hammered right now. not the obvious ones like defense. given the defense budget will be cut dramatically if our leaders don't reach a compromise, take retail. if we go over the cliff, something i've been telling you as of this week, more likely by the day, not less, that will deal a huge blow it purchasing power of most americans. think about it. tax rates go up. >> boo. >> the payroll tax holiday goes away. [ buzzer ] unemployment benefits expire for most people -- [ baby crying ] and that's is not even accounting for the layoffs. that's just being cautious. put it together, unless we get a deal, which won't be bad
. lawyers from both sides meeting with a judge in new york city. charges were dropped but the former maid filed a civil suit against the kahn who was once considered a strong candidate to become president of france. >>> in a florida murder trial, didi meyers will not take the witness stand. she is charged with swindling, shakespeare out of $17 million and murdering him and burying his body. >> police are asking the help to solve the case. jack and jerry mcgee were shot to death excuse style last december. police believe the murders were well-planned but they have yet to identify any sus speck. jenna: a weather alert. parts of the upper midwest are digging out after powerful winter blast. this is blizzard conditions as you see on your screen and bringing record snowfall. meteorologist maria molina is live from the fox weather center with more. maria? >> that's right, we saw significant snowfall across portions of the midwest over the weekend. that is actually somewhat good news for the peel. we're looking at a lack of snowfall across the area over last several weeks. finally additional sno
without tax rate increases. melissa: 11,000 now out of work at citi. slashing jobs taking a billion dollars charge as it repositioned oppositions. charlie gasparino tells us it is even more cuts are on the way. lori: new warnings and ethanol blended gasoline. joining us on whether you should be worried about what you put into your gas tank. let's get up to speed, back the floor of the new york stock exchange and nicole petallides. economic data on the service industry. nicole: looking good, lori and melissa. up 125 points. after two days of selling we are seeing some market action to the upside. we are above the 13,000 mark, well above that. 13,076. the nasdaq squeezing it out. concern for apple, but financials are doing well. let's take a look at the group. laying off 11,000 workers, that is the plan. a new ceo in place and he wants to make his mark. up 6.5%. it is under pressure, nowhere near $700 for the all-time high in september. the latest findings other actually going to use the market share for the ipad to the android in some microsoft folks, they're facing intense competiti
city. >>> a fire damages this restaurant in alameda yawn why investigators think the blaze was no accident. you need safeway sugar for just $1.97. and agic thing that makes everyone want another -- only $2.99 for challenge butter. and when hands get messy, quite surely they'll say, "yum! wow! yay! what a sweeter holiday." safeway. ingredients for life. . >>> when sex-offenders go on parole, gps tracking devices are a condition of that parole, nonetheless some choose to cut those devices off. in fact, as ktvu's john sasaki reports of almost 1200 at-large offenders violating the tracker mandate, almost a thousand are sex-offenders, and could be in or close to your neighborhood. >> reporter: this page from the department of correction's website may come as a surprise, updated daily shows at-large parolees who bailed on the state's gps monitoring system including many sex-offenders from bay area counties, such as ronny cook from santa clara guilty of sexual battery and this man guilty of child moisturation. >> if you are a sex offender on the loose you are still being looked f
in michigan's capitol city, where legislation is about to be passed that could weaken the power of unions. protestors are furious. republican lawmakers moved quickly last week to enact "right to work legislation," allowing workers at unionized companies not to pay dues to the union, which reduces bargaining power right in the uaw's own back yard. the measure has already been approved by both chambers of michigan's legislature, and final enactment could take place tomorrow. republican governor rick snyder supports the legislation. if enacted, it would make michigan the 24th state with right-to-work laws. recent strikes at a california shipping port are over, but concerns of outsourcing persist. last week, striking workers protested that their jobs were being outsourced. employers denied sending jobs abroad. however, there is evidence that some industries are ramping up outsourcing. consulting firm the hackett group estimates since 2002, 663,000 jobs from large u.s. companies have gone abroad, mainly from industries like information technology, human resources, finance and purchasing. by 20
on rural areas and security in cities dramatically improved during the same period. since the start of the year, attacks fell 22% in kabul, 62% in kandahar, and 88% in mazhar-i-sharif. compares with 211. critical concerns are also detailed in the report. international forces have been training afghan security forces for years, but the report says very few afghan units are fully dependent from international counterparts when carrying out operations. another issue are so-called insider attacks by members of the afghan military against international forces. which are undermining mutual trust. the report also warns that the insurgency has found safe havens in northwestern pakistan and mentions the limited institutional capacity of the afghan government endemic corruption. these are among the obstacles to long term stability in afghanistan. >>> another story from afghanistan. the first rail service launched earlier this year with support from the international community. it is still in its early stages, but expected to play a critical role in reconstruction in the future. nhk world has d
and balanced debate up next. [ malennouncer ] it's tt time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you realldon't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it findone, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all youeed is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. share "not even close." share "you owe me..." share "just right." the share everything plan. shareable data across 10 devices with uimited talk and text. by htc for $49.99. ♪ ♪ [ male announcer ] while you're getting ready for the holidays, we're getting ready for you. tis the season. for food, for family, and now, something extra -- for you. >>. >> heather: welcome back. more protests planned in michigan as unions grow more angry over new right to work bills. the legislation passing the house and drawing vows from the governor to sign them into law in just days.
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